BIGCAP COINS:

1. Pepe: Market Cap of $3.6 Billion.
2. Shiba Inu: Market Cap of $19.5 Billion.
3. Bitcoin: Market Cap of $1.4 Trillion.

MIDCAP COINS:

1. Dechat: Market Cap of $16.7 Million
2. FLOKI: Market Cap of $2.5 Billion.
3. Gala: Market Cap of $2.1 Billion.

RISING COINS:

1. Pandora: Market Cap of $191 Million.
2. AIOZ Network: Market Cap of $761 Million.
3. Mog Coin: Market Cap of $330 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Donald Trump, former US President and current Republican candidate, admits to enjoying interactions with cryptocurrency but refrains from active trading. In a CNBC interview, Trump described cryptocurrency as having a life of its own and occasionally accepts bitcoin as payment, considering it an “additional form of currency.”

This represents a shift from his previous skepticism, where he once labeled cryptocurrency a “scam” in 2021. Despite past criticisms, Trump has ventured into the crypto space, selling nonfungible tokens (NFTs) like a trading card collection and a “Mugshot Edition” in December 2022. Arkham Intelligence reported a crypto portfolio, believed to be owned by Trump, selling 1,075 ETH in December, valued at $2.4 million.

Trump’s evolving stance mirrors a broader trend of increased recognition of cryptocurrencies’ significance, signaling a changing landscape in finance and politics.

CNBC

Bitcoin’s recent price surge has propelled its market capitalization above that of silver, establishing it as the eighth-largest asset worldwide. With a market cap of $1.4 trillion, Bitcoin now surpasses silver, which holds a market cap of $1.3 trillion, as reported by CompaniesMarketCap data. However, Bitcoin remains behind Alphabet, boasting a market cap of $1.6 trillion, while gold retains its position as the largest asset globally with a market cap of $14.66 trillion.

Over the past 24 hours, Bitcoin’s price has increased by approximately 2.4%, reaching $71,621. This milestone marks Bitcoin’s ascent beyond the $71,000 mark, further solidifying its position as a leading digital asset in the cryptocurrency market.

The surge in Bitcoin’s price coincides with another successful week for spot bitcoin exchange-traded funds (ETFs). Data from BitMEX Research indicates that total net flows into spot bitcoin ETFs since January 11 have reached $9.59 billion, reflecting growing investor interest and confidence in cryptocurrency-related investment products.

Data

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Digital Currency Group, a venture capital firm, has filed a motion to dismiss a criminal suit filed against them by the New York Attorney General’s office.

The legal battle between DCG and the NYAG has been ongoing for several months, and is directly entangled with a dispute between two other prominent crypto firms: Genesis, a…

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Bitcoin, the world’s most famous digital asset, is once again capturing attention as analysts predict a potential surge in its price. A recent report by TradingView user “TradingShot” suggests that bitcoin could surpass $330,000, breaking historical growth patterns. The details of this intriguing prediction and what it means for the future of Bitcoin could bring to light the future trajectory of the digital asset.

TradingShot Analyzes Breaking Traditional Patterns

In a report, TradingShot highlights how Bitcoin has been defying traditional patterns since the start of the 2021 bear cycle. The digital asset broke several long-established narratives, including dipping below its previous…

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This article is sponsored by Meanwhile

Diversification has long been a subject of discussion among investors debating the costs and benefits of balancing risk with return. In the world of Bitcoin, the discussion extends to safeguarding bitcoin holdings against theft or loss. Meanwhile, a pioneering life insurance company denominated entirely in bitcoin offers a novel approach to diversification that might be essential for Bitcoinization to take place.

What is Diversification?

Diversification is an investment strategy aimed at spreading risk across a variety of assets within a portfolio. The principle behind diversification is to reduce the overall risk of the portfolio by investing in…

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In the wake of a stormy period for Bitcoin miners, a recent report by Bloomberg indicates a renewed surge in mining activities and investments, driven by the ongoing bull run and the impending halving event in April.

$1B Invested on Expansion

According to Bloomberg, 13 leading mining companies have collectively invested over $1 billion in specialized computers since February 2023. CleanSpark Inc. and Riot Platforms Inc. have emerged as major players, allocating substantial sums of $473 million and $415 million, respectively, for mining rigs.

Notably, the primary objective behind this massive investment is to enhance operational efficiency and secure favorable electricity rates. Miners, who…

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